$705,000

16 Alexander Street, Newark, NJ 07106

  • 8 beds |
  • 3 baths |
  • 2,416 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Welcome to this spacious 3-unit property, perfect for investors or owner-occupants seeking strong rental income potential. Unit 1 offers 2 bedrooms and 1 bathroom, while Units 2 and 3 each feature 3 bedrooms and 1 bathroom, all designed with functional layouts for comfortable living. The property is enhanced with updated flooring, ample natural light, and generous kitchen spaces complete with wood cabinetry and modern finishes. The exterior showcases classic charm with a fenced front yard and a welcoming entryway, while the prime location near shopping, dining, schools, and major transportation routes ensures both convenience and long-term investment growth. Whether you're looking to generate steady rental income or live in one unit while renting out the others, this property is a must-see!

Listing Status:
Active
Date Added:
September 20, 2025 at 05:00AM
Listing Office:
EXP Realty : 866-201-6210
Listing Agent:
Salvatore Settepani : 866-201-6210
MLS ID:
22528703
  • Basement: Other
  • Flooring: Ceramic TileWood
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of Salvatore Settepani, EXP Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Ivy Hill Elementary School

107 Ivy St, Newark, NJ, 07106

Grades PK-8

0.90 miles away

A

Alexander Street Elementary School

, Newark, NJ, 07106

Grades 1-8

0.21 miles away

W

West Side High School

403 S Orange Ave, Newark, NJ, 07103

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.